This page reflects SSRM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — SSRM
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $36.00 (2.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$36.00
Nearest expiry
Expected Move
±$2.73
±8.2%
Days to Expiry
14
Calendar days
Total Call OI
4,542
Nearest expiry
Total Put OI
2,364
Nearest expiry
P/C OI Ratio
0.52
Put-heavy
Spot Price
$33.27
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$29.00
8/21/2026, 11:30:09 PM
2026-09-18
$29.00
9/18/2026, 11:29:46 PM
2026-10-16NextUpdated
$36.00
10/2/2026, 11:28:58 PM
2026-11-20
$36.00
10/2/2026, 11:28:58 PM
2026-12-18
$30.00
10/2/2026, 11:28:58 PM
2027-01-15
$25.00
10/2/2026, 11:28:58 PM
2027-03-19
$26.00
10/2/2026, 11:28:58 PM
Selected expiration: 2026-10-16 at max pain $36.00.
SSRM pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
24
0
2273600
2273600
25
0
2037200
2037200
27
0
1564400
1564400
28
1200
1328200
1329400
29
2400
1098400
1100800
30
3800
879300
883100
31
6900
672700
679600
32
11000
476100
487100
33
16300
300100
316400
34
23400
207200
230600
35
36100
134700
170800
36
63900
74100
138000
37
103900
41300
145200
38
210800
19500
230300
39
340600
8500
349100
40
533700
3000
536700
41
806200
900
807100
42
1085900
100
1086000
43
1482000
0
1482000
44
1891300
0
1891300
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.